Congress Must Stop Using Default as a Weapon

Dec 2010
36,825
28,616
Virginia
Congress Must Stop Using Default as a Weapon
By Norm Ornstein

October 9, 2013

How do we get out of this mess? We know it won’t be easy, and we know that there is a tangible chance that we will default. As a top House Republican staffer told National Review’s Robert Costa the other day, “It’s the House of indecision. We don’t have the votes for a big deal, small deal, or short-term deal.” I will get to one possible way out, but first I need to vent. To begin, this is entirely an engineered crisis perpetrated by House Republicans with Senate allies, hatched, as we now know, by outside individuals and groups including Ed Meese, Heritage Action, and the Koch brothers. We know that John Boehner really did not want a shutdown, and that he had agreed to a clean continuing resolution after Senate Democrats capitulated in entirety to his party’s demands on appropriations—meaning a continuation of the sequester and the much lower overall spending numbers of the Ryan budget (including higher spending for defense.)

But Ted Cruz and Boehner’s own radical House faction pushed the speaker to renege on that deal and instead demand the defunding of Obamacare as a condition for keeping the government open. Boehner did not ask that some portions of the government—including the World War II Memorial, death benefits for families of servicemen and women, NIH cancer trials—be kept open. He and his allies made clear that his demands applied to all government covered by appropriations. Trying to wriggle out of this untenable situation, Boehner tried to mollify his radicals by suggesting instead that their demands be tied to the debt ceiling—and we ended up with the worst of both worlds.
Congress Must Stop Using Default as a Weapon - NationalJournal.com

And now the Koch Brothers have found themselves unable to control the "doomsday machine" they created. Is this situation salvageable? Absolutely, and the author is exactly right: The first step is a "cooling off period." This means a short term increase to the debt ceiling and a short term CR tied to a resolution that sets out specific requirements to negotiate a longer term deal. Obamacare would be left off the table, allowing the President to save face, discussions on the debt and deficit would be on the table (which John Boehner wants) AND the government would be funded at levels mandated by the sequester for 2014 (which should appease many fiscal hawks.) Say about sixty-ninety days to allow each side to put its negotiating position together, and come to some reasonable middle ground. The only "losers" in this type of approach would be the "no compromise" faction (on the right) who only want to burn down the metaphorical house anyway.
 
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webrockk

Former Staff
Nov 2009
30,474
11,091
on the river
No mention of the petulant, imperious Obama wielding the Shutdown as a weapon against the innocent citizenry.....just as he did during "The Sequester"....which vacates any "plausible deniability"
 
Dec 2010
36,825
28,616
Virginia
No mention of the petulant, imperious Obama wielding the Shutdown as a weapon against the innocent citizenry.....just as he did during "The Sequester"....which vacates any "plausible deniability"
Yes, yes, we all know...Obama=bad.
 

webrockk

Former Staff
Nov 2009
30,474
11,091
on the river
Any evidence of that outside of the Winger and Bagger bubble?
The fact ObamaCo can ship billions worth of invented-from-whole-cloth fiat QE to Wall Street Banksters every month, while shutting down the People's House to tours and locking The People out of THEIR OWN public lands, waterways, monuments and parks is evidence enough. for the sentient.
 

michaelr

Former Staff
Dec 2006
89,668
6,643
FEMA Region 10
Congress Must Stop Using Default as a Weapon
By Norm Ornstein

October 9, 2013

How do we get out of this mess? We know it won’t be easy, and we know that there is a tangible chance that we will default. As a top House Republican staffer told National Review’s Robert Costa the other day, “It’s the House of indecision. We don’t have the votes for a big deal, small deal, or short-term deal.” I will get to one possible way out, but first I need to vent. To begin, this is entirely an engineered crisis perpetrated by House Republicans with Senate allies, hatched, as we now know, by outside individuals and groups including Ed Meese, Heritage Action, and the Koch brothers. We know that John Boehner really did not want a shutdown, and that he had agreed to a clean continuing resolution after Senate Democrats capitulated in entirety to his party’s demands on appropriations—meaning a continuation of the sequester and the much lower overall spending numbers of the Ryan budget (including higher spending for defense.)

But Ted Cruz and Boehner’s own radical House faction pushed the speaker to renege on that deal and instead demand the defunding of Obamacare as a condition for keeping the government open. Boehner did not ask that some portions of the government—including the World War II Memorial, death benefits for families of servicemen and women, NIH cancer trials—be kept open. He and his allies made clear that his demands applied to all government covered by appropriations. Trying to wriggle out of this untenable situation, Boehner tried to mollify his radicals by suggesting instead that their demands be tied to the debt ceiling—and we ended up with the worst of both worlds.
Congress Must Stop Using Default as a Weapon - NationalJournal.com

And now the Koch Brothers have found themselves unable to control the "doomsday machine" they created. Is this situation salvageable? Absolutely, and the author is exactly right: The first step is a "cooling off period." This means a short term increase to the debt ceiling and a short term CR tied to a resolution that sets out specific requirements to negotiate a longer term deal. Obamacare would be left off the table, allowing the President to save face, discussions on the debt and deficit would be on the table (which John Boehner wants) AND the government would be funded at levels mandated by the sequester for 2014 (which should appease many fiscal hawks.) Say about sixty-ninety days to allow each side to put its negotiating position together, and come to some reasonable middle ground. The only "losers" in this type of approach would be the "no compromise" faction (on the right) who only want to burn down the metaphorical house anyway.
Obama has to stop using default as a weapon, as there is no way in hell a default is an actual threat.
 
Mar 2010
20,849
14,027
Indiana
The fact ObamaCo can ship billions worth of invented-from-whole-cloth fiat QE to Wall Street Banksters every month, while shutting down the People's House to tours and locking The People out of THEIR OWN public lands, waterways, monuments and parks is evidence enough. for the sentient.
And boner has the votes from his own party to make it all go away and refuses to. Got any more mistruths to spin?
 
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